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#BOTW - BEEF OF THE WEEK

MARKET REPORT

WEATHER 20/20 REPORT

AGRICULTURE

STUDY EXAMINES AI ADOPTION BARRIERS
ILLINOIS FARM’S CIRCLE OF SUCCESS
THINK LIKE A GRASS FARMER

FINANCE

DAILY REPORTING
RISK PREFERENCES SHAPE GRAIN MARKETING
LIVESTOCK RALLY WHILE GRAINS SLIP
STOCKS REBOUND AMID OIL STABILITY

Introducing CattleChannel: A New Way to CattleUSA

#BOTW - BEEF OF THE WEEK

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P.S. Know of a dish worth featuring? DM us on Instagram @cattleusa.media with your submission—we might showcase it next!

DAILY MARKET SUMMARY

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_{Wednesday, March 04}

AUCTION SUMMARY

Beaver Livestock

7,334 Beaver, OK

Tuesday

Feeder Steers - Medium & Large #1		Feeder Heifers - Medium & Large #1
500-600 lbs	467.50-532.00	400-500 lbs	450.00-479.00
600-700 lbs	402.00-450.00	500-600 lbs	415.00-460.00
700-800 lbs	368.25-413.00	600-700 lbs	378.00-427.00
800-900 lbs	336.00-365.00	700-800 lbs	335.50-371.00
900-1000 lbs	321.50-339.50	800-900 lbs	320.00-350.50

Ozarks Regional Stockyards

2,541 West Plains, MO

Tuesday

Feeder Steers - Medium & Large #1		Feeder Heifers - Medium & Large #1
400-500 lbs	525.00-625.00	300-400 lbs	520.00-555.00
500-600 lbs	470.00-547.50	400-500 lbs	465.00-535.00
600-700 lbs	420.00-455.00	500-600 lbs	408.00-480.00
700-800 lbs	355.00-395.00	600-700 lbs	359.00-405.00
800-900 lbs	338.00-357.50	700-800 lbs	345.00-377.50

OKC West Livestock

2,400 El Reno, OK

Tuesday

Feeder Steers - Medium & Large #1		Feeder Heifers - Medium & Large #1
300-400 lbs	610.00-640.00	300-400 lbs	540.00-570.00
400-500 lbs	510.00-590.00	400-500 lbs	450.00-520.00
500-600 lbs	430.00-490.00	500-600 lbs	390.00-450.00
600-700 lbs	397.50-440.00	600-700 lbs	330.00-395.00
700-800 lbs	365.00-385.00	700-800 lbs	-

CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT

Wednesday

Live Cattle		Change	Feeder Cattle		Change
Apr	238.350	4.225 ▲	Mar	363.925	6.725 ▲
Jun	235.175	4.500 ▲	Apr	360.750	7.450 ▲
Aug	233.225	4.325 ▲	May	357.000	7.650 ▲

CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS

Wednesday

Corn		Change	Soy Beans		Change
Mar	4.3175	0.0250 ▼	Mar	11.5450	0.0125 ▼
May	4.4375	0.0275 ▼	May	11.6950	0.0100 ▼
Jul	4.5350	0.0200 ▼	Jul	11.8300	0.0025 ▼

KANSAS CITY BOARD OF TRADE

Wednesday

Wheat		Change
Mar	5.6525	0.0525 ▼
May	5.7250	0.0575 ▼
Jul	5.8575	0.0575 ▼

ESTIMATED DAILY CATTLE SLAUGHTER

Wednesday	111,000	Tuesday
Week Ago (est)	107,000	Steer & Heifer: 89,000
Year Ago (act)	119,000	Cow & Bull: 20,000
Wk To Date (est)	322,000
Last Week (est)	324,000
Last Year (est)	345,000

_{Wednesday, March 04}

5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE

As of 10:00 am	Head Count	Avg Weight	Avg Price
Live Steer	-	-	-
Live Heifer	-	-	-
Dressed Steer	-	-	-
Dressed Heifer	-	-	-

DAILY ESTIMATED CUTOUT VALUES

600-900#	Choice	Select	*Choice/Select Spread*
Current Cutout Values:	388.57	380.35	8.22
Change from prior day:	+0.52 ▲	+1.77 ▲

DAILY CATTLE SLAUGHTER

Wednesday	111,000	Tuesday
Week Ago	107,000	Steer & Heifer: 89,000
Year Ago (act)	118,731	Cow & Bull: 20,000
Week To Date	322,000
Same Period Last Week	324,000
Same Period Last Year	344,566

_{Wednesday, March 04}

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WEATHER 20/20 REPORT

❝

Today we begin with the severe weather risks we have been tracking at Weather 20/20 since this LRC pattern first established itself last fall. We are now moving into the 3rd cycle of this years pattern and it is fascinating to see the comparison of this week to when we tracked the first few days of this year’s cycling pattern in early October.

Before we examine the risk windows ahead, let’s begin with a foundational question:

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AGRICULTURE NEWS

FINANCE NEWS

CattleUSA Daily Podcast:

278: Volatility Is Back: Cash Collapses & War Headlines Shake the Cattle Market with Dan & Samantha

277: Labor Is a Limiting Factor — Whether You Admit It or Not

276: How to Move Home to the Ranch

If you or someone you know would be interested in hopping on the mic to share your story, please contact us at [email protected]. — Video streaming weekdays on YouTube @cattleusatv. Audio available on Spotify, Apple Podcasts & all major streaming platforms.

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